CUBE secures a Series B investment from Bregal Milestone to fund product expansion.
The strategic financing marks the first institutional capital investment for the regulatory technology provider.
CUBE provides automated regulatory intelligence and change management technology to financial institutions and other highly regulated enterprises. The company operates globally from headquarters in the United Kingdom.
CUBE has secured a Series B strategic growth investment from Bregal Milestone, marking its first institutional funding round. The company will direct the new capital toward product development, international expansion, and organic or acquisitive growth initiatives.
Financial institutions currently allocate significant operating expenditure to compliance tasks and face substantial regulatory penalties. CUBE addresses this challenge through its ARI RegPlatform, which automatically processes regulatory changes and aligns them with client procedures.
The investment brings together Bregal Milestone and CUBE leadership to support the next phase of market expansion. Advisors for the transaction included Investec Bank, Taylor Wessing, and Buzzacott on the company side, alongside ICAG Partners, Alvarez and Marsal, Endava Private Equity Group, Deloitte, and Goodwin for the investor.
From the founder
"Raising this level of investment in the current market from such a high quality growth capital investor is a significant validation of both our market position and vision. Given the current macro environment, customers across financial services and beyond will want to partner with providers that have a strong track record and a clear vision with the ability to execute – now is the right time for us to bring in a strategic partner."
Ben Richmond
Founder and CEO at CUBE
Investor perspective
"We are highly enthusiastic to partner with CUBE for this next phase of growth. As a founder-led, category-leading Regulatory Technology (“RegTech”) business, benefiting from powerful regulatory tailwinds and market momentum, we believe CUBE is an innovation leader, and one of Europe’s most exciting high growth technology companies. We look forward to working with Ben and his ambitious team to further develop their business and drive growth."
Philippe Lautenberg
Co-Founder and Managing Partner, Bregal Milestone
Use of funds
- 01Continue product development
- 02Expand into international markets
- 03Fund acquisitions